ST. HELENA — The total economic impact of Napa County’s grape and wine business last year was $13.3 billion inside the county line, $25.9 billion in California and more than $50 billion in the U.S., according to a study released today by a local trade group. These...

TREASURY Wine Estates chief executive David Dearie has criticised the Australian wine industry for being lazy, with poor marketing and lack of innovation and little understanding of the consumer. "We've been . . . a bit lazy, a bit fragmented (and) not a lot of money...

Treasury Wine Estates Ltd. (TWE), the world’s second-biggest listed wine producer, is renting vineyards in California’s Napa and Australia’s Barossa valleys to get hold of grapes amid surging demand for high-end vintages. Where owners weren’t prepared to sell up, the...

The Wine Investment Association was officially launched today promising to set up regulations and processes that protect wine investments of private individuals. The new self-regulatory body has been set up in response to a series of high profile wine fraud cases...

Overview -- Brown-Forman announced on Nov. 27, 2012, a special dividend of $4 per share of its Class A and Class B common stock to be paid on Dec. 27, 2012. -- We believe the dividend may amount to approximately $850 million and will be largely debt-financed, which...

French wine consumption has fallen to a new low with the average adult now consuming the equivalent of barely a glass a day, the latest edition of a major consumption survey has found. A study that will have viticulteurs weeping into their vats also revealed that...

Two weeks after raising its regular quarterly dividend, Brown-Forman (BFB) declared a special cash dividend of $4.00 a share on Tuesday as it looks to return money to shareholders ahead of the fiscal cliff deadline that could significantly raise dividend taxes. The...

The new denominations cover the entire range of Chile’s viticultural regions, from Malleco Valley in the south to Elqui Valley in the north. They are not compulsory but ‘complementary’. While the move has been broadly welcomed, some observers are doubtful as to to...

French drinks group Remy Cointreau reassured investors that Chinese consumers are still thirsty for cognac as it showed orders from wholesalers picked up after a slowdown in the second quarter. The maker of Remy Martin cognac and Cointreau liqueur stuck by its goal...